2025-12-11 17:37:01

Pineapple's bold move this year? A $100 million digital asset treasury play, all-in on Injective tokens.

They've been quietly stacking. Three confirmed buys on the open market brought their total to just over 1 million INJ—1,002,651 to be exact.

Here's how it broke down: first pickup landed them 678,353 INJ for roughly $8.9 million. Then came a smaller haul—207,599 tokens at around $2 million. Most recently? Another 116,699 INJ, priced near the $1 million mark.

Steady accumulation. Clear conviction. The treasury strategy's taking shape, one transaction at a time.

INJ1.58%

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GasFeeVictim

· 12-12 12:18

It's the same all-in story again. Does pineapple really think injective is that promising? Stacking a million INJ—if you don't bet right, it's just giving it away for nothing. That's a bit crazy.

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RugpullTherapist

· 12-11 18:06

Low-key accumulation of one million INJ. I've seen this tactic too many times; it's likely to be the next VC cutting leeks.

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RunWithRugs

· 12-11 18:05

Millions of INJ have been invested, this confidence is not for nothing, truly betting on INJ to rise

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gas_fee_therapist

· 12-11 18:00

Wow, pineapple, this move... Spending 100 million to injective, really daring.

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SmartContractPlumber

· 12-11 17:58

Investing 10 million is just the appetizer; the real risk lies ahead—has the permission control been properly audited? I’ve seen too many project teams think that hoarding tokens is a strategy, only to have a reentrancy vulnerability in the contract that directly empties the treasury. Pineapple’s move depends on how well their multi-signature mechanism is designed; otherwise, it’s like giving a gift to hackers.

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